Examlex
People who live in a Scandinavian country-Norway, Sweden, or Finland-may have bigger problems with porous bone or osteoporosis. Remember that the extreme northern and southern latitudes of the earth get less direct sun. How is porous bone in any way related to sun exposure?
Indorser
A person who signs a negotiable instrument, such as a check, over to someone else, thereby making the recipient the legal owner of the document.
Secondary Liability
Legal responsibility of a third party for acts of another when that party has indirect involvement or benefits from the wrongful acts.
Without Recourse
A term indicating that the holder of a financial instrument cannot demand payment from the originator if the primary obligor defaults.
Holder In Due Course
A legal term for someone who has acquired a negotiable instrument in good faith for value and without notice of any defect.
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